Things are still a bit confusing out there.
Even though Iran says ships can pass, companies are like, “Hmm… let’s not rush.
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They’re watching closely because rules, military presence, and possible fees make everything feel a little unstable.
At the same time, Donald Trump jumped in and basically said, “Relax, it’s open for business!” but also reminded everyone there’s still a naval blockade hanging around.
So yeah, open, but not fully open, Mixed signals everywhere.
Shipping companies aren’t taking chances, Big players like Stena Bulk are basically saying, “We’ll go when we’re sure we won’t become headlines,” Safety first, profits later.
Now, the Strait of Hormuz isn’t just any shortcut it’s a global oil highway, carrying about 20% of the world’s oil.
So when there’s drama here, the whole world feels it.
Even oil prices started reacting like they saw something shocking.
In short, the route is technically open, but everyone is still side-eyeing the situation like, “Are we really safe, or is this a trap?”.